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germany is one of our closest allies and closest friends. and that's true across the spectrum of issues, security, intelligence, economic, diplomatic, and angela merkel is one of my closest friends on the world stage and somebody who -- who is partnership i deeply value. and so it has pained me to say the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i've also been convinced for a very long time that it is important for our legal structures and policy structures to catch up with rapidly advancing technologies. and as a consequence through a series of steps, what we try to do is reform what we do. and have taken these issues very seriously. domestically we try to provide additional assurances to the american people that their privacy is protected. but what i've also done is taken the unprecedented step of ordering our intelligence communities to take the privacy interests of nonu.s. persons into account in everything that they do. something that's not been done before and most other countr
germany is one of our closest allies and closest friends. and that's true across the spectrum of issues, security, intelligence, economic, diplomatic, and angela merkel is one of my closest friends on the world stage and somebody who -- who is partnership i deeply value. and so it has pained me to say the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i've also been convinced for a very long time that it is important for our legal structures...
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May 2, 2014
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and germany are kind of at odds with what to do right now. we've been talking about this being essentially an invasion of ukraine. and i know from the u.s. standpoint, we hear constantly the same phrases, especially, you know, going along with international law, respecting a country's national sovereignty and territorial integrity. we've seen this incredible violation, some would call it outrageous, and world seems to be really tied as to what to do about this. it has already happened. i think the hope now is there will be an announcement today of some, i don't know, nuance in the course of action that could -- could sort of put some clarity for future at least on the course. we've already known for some time that there won't be these sectoral sanctions on big swaths of the russian economy, unlesses their is an invasion. leading up to that, though, there's been a lot of pressure to really do something. because we've seen nothing but escalation, wolf. >> the escalation continuing. i want you to stand by. michelle makes an excellent point. i su
and germany are kind of at odds with what to do right now. we've been talking about this being essentially an invasion of ukraine. and i know from the u.s. standpoint, we hear constantly the same phrases, especially, you know, going along with international law, respecting a country's national sovereignty and territorial integrity. we've seen this incredible violation, some would call it outrageous, and world seems to be really tied as to what to do about this. it has already happened. i think...
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May 1, 2014
05/14
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we are seeing the beginning of next year, europe's richest economy, germany, so far without a national minimum wage is going to introduce one. it's about $12 an hour. that's under political pressure. we all know switzerland is a rich country. that's going to hold referendum to decide whether or not to introduce minimum wage of its own, $25 an hour. >> wow. interesting. great stuff from you. we'll talk to you soon. our own joining us from our newsroom. one more story for you on the labor day reforms. late wednesday, the brazilian president announced the move toward lower taxes for workers and 10% hike for poor. the the announcement comes as a popularity as all this five months before elections. okay. let's talk about this. see these babies laying around here. take a look. you may not see them again. going to talk about a sticky dispute. the indian alfonzo mango known as king of fruit. from today, they are banned. no more from the european union. authorities in brussels found consignments were infested with fruit flies. india says we've fix had the problem. the price has sharply fallen i
we are seeing the beginning of next year, europe's richest economy, germany, so far without a national minimum wage is going to introduce one. it's about $12 an hour. that's under political pressure. we all know switzerland is a rich country. that's going to hold referendum to decide whether or not to introduce minimum wage of its own, $25 an hour. >> wow. interesting. great stuff from you. we'll talk to you soon. our own joining us from our newsroom. one more story for you on the labor...
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Apr 28, 2014
04/14
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will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april tax increase in japan. meanwhile, economic data in the dallast 10:30 in fed, manufacturing. earnings before the bell, only one of note, charter, losing $.35, more than expected. it looks like charter is going to get 3.9 million subscribers out of that comcast deal. deal we have a herbalife and buffalo wild wings. >> could be a down component. >> not evenbe. close. let's start with general electric. jeff and melt, going to the top in the offer for the french company. he met with francois hollande this morning, who made a counter offer to him. the french government was con
will siemens of germany push inm aside? the crisis ukraine escalates. the crisis in manila says that new sanctions are in order. good morning, everyone. we are live from our world headquarters in new york. i am tom keene. joining me is scarlet fu and adam johnson. our guest host for the hour, the partner at sky bridge capital joining us this morning on the hedge fund industry. >> overnight retail sales rose six point two percent, exceeding estimates. this is happening ahead of the april...
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you look at eu exports to germany, 30% of them germany. you exports to russia. how for will she push on sanctions? >> how does the dialogue change over what we have seen in the last six hours? frozendialogue is between what happened late last night, which was russia's calling -- this call from russia telling the ukrainian president to pull his troops out of his country. a last conversation that we know of between merkel and prudent -- merkel and putin was yesterday. it is so hard to tell what's going on on the ground right now. there is a helicopter that was shut down -- shot down. it is a question of how much can obama push merkel for additional sanctions. -- merkel and putin speaking on the phone every 10 days. >> there was just this time in june of last year that obama visited here and gave a speech and he and merkel had quite a bit of time there. and ukraine not happened, this would have been an ugly visit because merkel would have complained about edward snowden and to the nsa and all the eavesdroppings. a lot of that has been brushed aside and the focus wi
you look at eu exports to germany, 30% of them germany. you exports to russia. how for will she push on sanctions? >> how does the dialogue change over what we have seen in the last six hours? frozendialogue is between what happened late last night, which was russia's calling -- this call from russia telling the ukrainian president to pull his troops out of his country. a last conversation that we know of between merkel and prudent -- merkel and putin was yesterday. it is so hard to tell...
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there are killers and would be killers in australia and finland, germany, brazil. who have used columbine as an inspiration. and it's all that publicity that columbine got. the columbine killers they decided they wanted to feel important. and they sought revenge. revenge against their classmates who bullied them. maybe against all of society. and it seems to me that is the motive in this case, as well. >> i know -- i know it's revenge, i know a lot of it is notoriety. how could one not know about columbine even if you were a kid when that happened? i've heard a lot of folks say we, the media, we the public shouldn't be uttering the suspects' names because that then, of course, raises them to a level and elevates them to a level we shouldn't be doing. but do you think that would take away, you know, and some of these other potential school shooters' minds. the troubled minds, the intent to kill? >> first of all, the reporters have a duty to tell the public. and also, the idea of making them into big shot celebrities, putting them on the cover of celebrity magazines.
there are killers and would be killers in australia and finland, germany, brazil. who have used columbine as an inspiration. and it's all that publicity that columbine got. the columbine killers they decided they wanted to feel important. and they sought revenge. revenge against their classmates who bullied them. maybe against all of society. and it seems to me that is the motive in this case, as well. >> i know -- i know it's revenge, i know a lot of it is notoriety. how could one not...
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it is also important to note that germany has a lot of economic ties with russia, and the question is whether you put more economic pressure on that country and actually affect the economic relations between germany and russia. so, a lot to think about here especially since big german companies, volkswagen to name one, have a huge stake in russia. and the more pressure you put on, the harder it is for those companies to continue to do business very well and thrive, carol. >> joe johns reporting live from the white house this morning. thank you. >>> still to come in the "newsroom," tensions flare and ukraine's military mobilizes. we'll look at a new offensive that could push the country closer to widespread fighting. [announcer] play close-good and close. help keep teeth clean and breath fresh with beneful healthy smile food. with special crunchy kibbles and great taste, it's a happy way to a healthy smile. beneful healthy smile food and snacks. the average person will probably eat something or drink something that is acidic on a daily basis. those acids made over time wear the enamel.
it is also important to note that germany has a lot of economic ties with russia, and the question is whether you put more economic pressure on that country and actually affect the economic relations between germany and russia. so, a lot to think about here especially since big german companies, volkswagen to name one, have a huge stake in russia. and the more pressure you put on, the harder it is for those companies to continue to do business very well and thrive, carol. >> joe johns...
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May 3, 2014
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germany has some leverage in all this, doesn't it? it seems to be the country that has the most leverage. to what degree and why is that? >> the germans have a special relationship with the russians and have for -- since world war ii. this is an opportunity for chancellor merkel to influence the russians in their behavior in ukraine. the germans, like the rest of europe, care about stability in the heart of europe and ukraine is in the heart of europe, and the germans don't want to see violence, they don't want to see invasions, they don't want to see violations of sovereignty, of cross border military action. this is not in the german and european interest. the germans have a great opportunity to put pressure on the russians to change their behavior. >> and what in your view can or should the u.s. do at this juncture, what more can the u.s. do in an influential way, if possible? >> two things they can do, we can do. we can provide additional defensive equipment, supplies to the ukrainians as they act as they are now to reassert contr
germany has some leverage in all this, doesn't it? it seems to be the country that has the most leverage. to what degree and why is that? >> the germans have a special relationship with the russians and have for -- since world war ii. this is an opportunity for chancellor merkel to influence the russians in their behavior in ukraine. the germans, like the rest of europe, care about stability in the heart of europe and ukraine is in the heart of europe, and the germans don't want to see...
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Apr 28, 2014
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a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first before putting out that big? jeff himmel had the conversations with alstom. his board has approved it. then the french government got wind of it. today, he has a meeting with french president for an swap along. -- francois hollande. did he oron there is, should he have contacted the french state before he started getting everything in line? what has happened in the meantime, siemens has put together a rival bid. this is an asset swap. siemens would take the energy unit from alstom and give them the train unit. they are prepared to make guarantees for no job cuts for at least three years
a french presidential audience for ge's ceo and a rival bid from germany's siemens. settles a remarkable three-day scramble. hans nichols is in berlin to break down oust him down -- break down alstom's choices. are they going to be open on friday? >> they will not be open until wednesday. they have until then to , oneerate over one bid formal offer. it comes down to one crucial question. here is the ceo of an american company. do you ask for permission from the french government first...
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the challenge has been to balance or business interest in germany. you look at some of the traits they have what russia. it is the largest trading partner in the eu. seen her get increasingly upset with vladimir cutin. putin. of her relationship with barack obama, we have seen clear telegraphing from german officials is that they will put aside all of their nsa, the snooping, the eavesdropping and put all that aside. the focus will be how do you get the european union and the u.s. aligned with one voice. does that mean additional sanctions. what were they due to present a unified front? in some ways, they look at putinl as a kind of baye whisperer. they look to her tables translate putin -- to her to translate putin. it will been interesting conversation. courses might be a little bit early in the morning. >> i went into a whiskey distillery but there's only one catch, they haven't officially made any whiskey yet. is the first whiskey maker in london for more than a century. darren brooks, this is part of a wider trend towards craft brewing in the u.
the challenge has been to balance or business interest in germany. you look at some of the traits they have what russia. it is the largest trading partner in the eu. seen her get increasingly upset with vladimir cutin. putin. of her relationship with barack obama, we have seen clear telegraphing from german officials is that they will put aside all of their nsa, the snooping, the eavesdropping and put all that aside. the focus will be how do you get the european union and the u.s. aligned with...
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angela merkel, chancellor of germany is visiting today. the most productive country in europe. 40% of young people in apprenticeship programs. it has no minimum wage. in fact, if you look at western europe as a group, the countries that have a minimum wage have 13.8% unemployment. the countries with no minimum wage, and these are, by the way, higher income countries. these are norway, sweden, austria, germany. they have 6.3% unemployment. what's wrong with this country? here are countries that say we're going to be economically productive. they have half the unemployment rate of the countries that have a social welfare state. what am i missing here? >> one, i lived in england for two years. i know great britain and know europe very well. what you're missing is they have a safety net, first of all. they have universal health care. day have -- young people have access to education. cost of housing is much lower. their governments ensure that there's a minimum standard of living and, in fact, the unemployment compensation is there for them. i
angela merkel, chancellor of germany is visiting today. the most productive country in europe. 40% of young people in apprenticeship programs. it has no minimum wage. in fact, if you look at western europe as a group, the countries that have a minimum wage have 13.8% unemployment. the countries with no minimum wage, and these are, by the way, higher income countries. these are norway, sweden, austria, germany. they have 6.3% unemployment. what's wrong with this country? here are countries that...
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and germany have tried to apply pressure on russia to try to de-escalate the crisis in ukraine, the u.s. taking the lead on sanctions, while chancellor merkel has tried to use her closer relationship with russian president vladimir putin to resolve the crisis, but it's not clear whether those closer ties are helping. in a phone conversation that the two leaders had on thursday, putin told merkel that he woonts to see ukrainian troops pull out of the southeastern part of their own country. white house press secretary jay carney called that suggestion preposterous. now, the white house expects both leaders, both president obama and angela merkel, to talk about another round of sanctions against russia. that next round would likely be targeted at russia's economy, key sectors of the economy, such as banking and energy sectors, but that would hurt the german economy as well, so expect that question to come up at a news conference with president obama and chancellor merkel later today. also, one other big question to expect will be about those revelations that the u.s. has been spying on for
and germany have tried to apply pressure on russia to try to de-escalate the crisis in ukraine, the u.s. taking the lead on sanctions, while chancellor merkel has tried to use her closer relationship with russian president vladimir putin to resolve the crisis, but it's not clear whether those closer ties are helping. in a phone conversation that the two leaders had on thursday, putin told merkel that he woonts to see ukrainian troops pull out of the southeastern part of their own country. white...
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May 4, 2014
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because the perception has been that germany, which has a lot of trade with russia, and particularly dependence on energy, on oil and gas, would not support sectoral sanctions at this point. >> well, she said she talked about how she's trying to move other countries in europe along. i mean, there are -- >> well, i think her country is -- or at least she is closer to this, and she did stand in unity with president obama talking about this. there does have to be an off ramp to de-escalate this. i don't think we hoos to get in a war with russia. we have to bolster nato. that's something they talked about too. we have to find a way to achieve a pluralist, noncorrupt government in ukraine through these elections, and we have to support trade. at least i think so. this trade regime of the u.s. and europe. >> what makes you think that putin wants -- >> putin personally, certainly the information everybody seems to have is that there is no advantage to russia in having an all-out war in ukraine. our leverage is or economy against him. we are strong. he is a gas station with a lot of corrupti
because the perception has been that germany, which has a lot of trade with russia, and particularly dependence on energy, on oil and gas, would not support sectoral sanctions at this point. >> well, she said she talked about how she's trying to move other countries in europe along. i mean, there are -- >> well, i think her country is -- or at least she is closer to this, and she did stand in unity with president obama talking about this. there does have to be an off ramp to...
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does she support -- because the perception is that germany, which has a lot of trade with russia and particularly depends on energy on oil and gas would not support sanctions athe this point? >> she said she talked about how she is trying to move other countries in europe along. i think her country is -- at least she is closer to this. she did stand in unity with president obama talking about this. there does have to be an off ramp for russia to deescalate this. i don't think we choose to get in a war with the russians. we have to bolster nato. that is something they talked about, too. we have to find a way to achieve a pluralist noncorrupt government in ukraine and we have to support trade, i think so. >> so what is the off ramp? >> well, putin personally, certainly the information everybody seems to have is that there is no advantage to russia in having an all out war in ukraine. our leverage is our economy against him. we're strong. he's a gas station as john mccain said with a lot of corrupt people surrounding him. if we are going to avoid the sanctions we can avoid a worse outco
does she support -- because the perception is that germany, which has a lot of trade with russia and particularly depends on energy on oil and gas would not support sanctions athe this point? >> she said she talked about how she is trying to move other countries in europe along. i think her country is -- at least she is closer to this. she did stand in unity with president obama talking about this. there does have to be an off ramp for russia to deescalate this. i don't think we choose to...
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s germany is one of our closest allies, closest friends. that's true across the spectrum of issues -- security, intelligence, economic, diplomatic, and angela merkel is one of my closest friends off world stage and somebody who -- whose partnership i deeply value. so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. s but more broadly, i've also been convinced for a very long time that it is important for our legal structures and our policy structures to catch up with rapidly advancing technologies. and as a consequence, through a series of, you know, steps, we've tried to reform what we do. and have taken these issues very seriously. domestically we've tried to provide additional assurances to the american people that their privacy is protected. but what i have also done is taken the unprecedented step of ordering our intelligence communities to take the privacy interests of non-u.s. persons into account in everything they do. something that's not been done before, and most other
s germany is one of our closest allies, closest friends. that's true across the spectrum of issues -- security, intelligence, economic, diplomatic, and angela merkel is one of my closest friends off world stage and somebody who -- whose partnership i deeply value. so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. s but more broadly, i've also been convinced for a very long time that it is important for our legal structures and our...
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germany believes it has more to lose than the united states. this is a meeting between angela merkel and barack obama that would have looked different a year ago. that was before the allegations of nsa spying in germany and more specifically, the spying on the mobile phone of angela merkel. she has wanted to see aagreement put in place between the united states and germany. that will not be the case and not announced here. it is a relationship that has soured somewhat. what you see today will be a move towards getting on with business despite a relationship that has gone a bit south since the first nsa allegations. >> last month, at least 75 died close by and now a suburb of the capital is reeling once more as a car bomb dedicated -- detonated killing at least 19. the attack comes as the city gets ready to host a major economic conference. >> a nearby police checkpoint was the target. it was here at the bus station that the car bomb exploded a few blocks away. a man jumped out and ran as it blew up. other eyewitnesses recount bashir forst of th
germany believes it has more to lose than the united states. this is a meeting between angela merkel and barack obama that would have looked different a year ago. that was before the allegations of nsa spying in germany and more specifically, the spying on the mobile phone of angela merkel. she has wanted to see aagreement put in place between the united states and germany. that will not be the case and not announced here. it is a relationship that has soured somewhat. what you see today will...
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germany has been a reluctant partner here. it's not just the corporations that have deep ties with russia. it's also oil and gas. germany gets one-third of its oil, one-third of its gas from russia. they have a lot to lose with tougher sanctions. >> thanks very much. we will have more on this sunday on "this week". >>> let's go to amy with today's other top stories. >> good morning, everyone. >>> and we begin with wall street, reacting to nice that the economy is picking up steam. 288,000 jobs created in april, the best in two years, and helped drive down the unemployment rate to 6.3%. the lowest in five years. and more americans dropped out of the labor force. >>> and a terrifying crash in south korea. one train crashed into another, throwing it off the tracks, injuring 170 people. passengers were told to stay inside the train. most of them ignored that order. they forced the doors open to escape. >>> also breaking overnight, two alaska troopers have been shot and killed on duty, including one who appeared on a popular cable
germany has been a reluctant partner here. it's not just the corporations that have deep ties with russia. it's also oil and gas. germany gets one-third of its oil, one-third of its gas from russia. they have a lot to lose with tougher sanctions. >> thanks very much. we will have more on this sunday on "this week". >>> let's go to amy with today's other top stories. >> good morning, everyone. >>> and we begin with wall street, reacting to nice that the...
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is germany willing to sacrifice short-term economic growth to put pressure on president putin? that is a fundamental question that needs to be answered. >> do you think they will be able to come up with an answer? >> mohamed nailed the biggest question about the meeting today. when it comes to the next round of sanctions, the big hammer the west has had hanging over fiber over vladimir putin has been the sectoral sanctions. $50 will take a major hit, billion of imports. angela merkel is hearing from their business interests. they don't want anything to do with the sectoral sanctions. her ability to stay aligned with the president is crucial for sectoral sanctions to work and not be implemented in patchwork fashion. >> mohamed, you mentioned because the economy is getting tighter that the cost of protectionism is rising as well. >> it is interesting we have not seen protectionism happen like you would have expected when we went into a major economic slowdown. the key issue now is step-by-step this diplomacy normally would favor -- you step onvor, does this step which seems appea
is germany willing to sacrifice short-term economic growth to put pressure on president putin? that is a fundamental question that needs to be answered. >> do you think they will be able to come up with an answer? >> mohamed nailed the biggest question about the meeting today. when it comes to the next round of sanctions, the big hammer the west has had hanging over fiber over vladimir putin has been the sectoral sanctions. $50 will take a major hit, billion of imports. angela...
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May 2, 2014
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does not see a lot of value in the intelligence that germany could offer. so we may see some warmth between the leaders, but you can bet behind closed doors there are much stronger wordings. >> and with the situation in ukraine, there was once that the two leaders stood side by side when it came to russia, and this time that is not a certainty. >> they realize that it would be in president putin's best interest to see daylight between what angela merkel and president obama want. however, they have different goals. germany is have codependant on russia when it comes to oil and gas, they do $100 billion in trade. and president obama pushing for much stronger sanctions and sanctions that have not yet hit the oil and gas industry. but even though they have different ultimate means to the end, they want president putin to listen. >> the hots on capitol hill saying they want more action in ukraine, some suggesting even that there be boots on the ground, and yet it is the european leaders that are the ones that would have to suffer the consequences of those boots
does not see a lot of value in the intelligence that germany could offer. so we may see some warmth between the leaders, but you can bet behind closed doors there are much stronger wordings. >> and with the situation in ukraine, there was once that the two leaders stood side by side when it came to russia, and this time that is not a certainty. >> they realize that it would be in president putin's best interest to see daylight between what angela merkel and president obama want....
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and germany over n.s.a. surveillance so what will be on the agenda tomorrow the latest on the chancellor's visit coming up at the capitol protesters demand that the president stop deportations they're gathering in response to a record number of deportations under the obama administration more on that later in the show. it's their.
and germany over n.s.a. surveillance so what will be on the agenda tomorrow the latest on the chancellor's visit coming up at the capitol protesters demand that the president stop deportations they're gathering in response to a record number of deportations under the obama administration more on that later in the show. it's their.
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is spying on germany its ally and partner there was so much outrage in germany in the wake of fed rate snowden's revelations that the u.s. said it even been spying on angle merkel or germany demanded that the u.s. stop doing that in washington sort of politely said no they will continue doing it maybe not on angela merkel personally there was a parliamentary inquiry into surveillance by by the u.s. german parliamentary inquiry and they wanted edward snowden to testify in berlin but at the end of the day the german government has made it clear that it opposes the idea which drew a lot of criticism from the opposition so we've seen this before germany may strongly object to do something but then it sort of steps back and lets washington do its thing all ok thank you guy and you know gametes again live from the u.s. for us now let's go back to our top story and the deadly violence in ukrainian city of odessa these are live pictures from outside trade unions building where. supporters of greater autonomy are trying to sneak a sea story shelter a thousand strong mob has been besieged in the
is spying on germany its ally and partner there was so much outrage in germany in the wake of fed rate snowden's revelations that the u.s. said it even been spying on angle merkel or germany demanded that the u.s. stop doing that in washington sort of politely said no they will continue doing it maybe not on angela merkel personally there was a parliamentary inquiry into surveillance by by the u.s. german parliamentary inquiry and they wanted edward snowden to testify in berlin but at the end...
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. >> well, germany gets a third of the natural gas from rush sharks and 350,000 german workers depend on russian trade, and the difficu difficulty is that what are the chances that the europeans and the german s wis will make the ongoing sectorial sanctions? >> well, the dilemma is that the white house is going to make the going after putin and the cronies and the institutions with them to affect the course of the nation that i think that is, it is in the midst of a natural greatness campaign and wanting to feel a restoration of the pride and dignify in the world, and if you want to sanction the individuals, that is not going to necessarily give you the correction of the courses, and it is sort of like if you have the u.s. trying to sanction david koch and george soro soros, and hoping that the united states would go a different direction and many people have said that unless the sanctions are sectorial which involves pain for us, and pain for europe, russia will not take them seriously. and so it is the question of trying to deter russia on the cheap or trying to do something on the
. >> well, germany gets a third of the natural gas from rush sharks and 350,000 german workers depend on russian trade, and the difficu difficulty is that what are the chances that the europeans and the german s wis will make the ongoing sectorial sanctions? >> well, the dilemma is that the white house is going to make the going after putin and the cronies and the institutions with them to affect the course of the nation that i think that is, it is in the midst of a natural...
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it is a very strong economic relationship between germany and russia. including former german chancellor, who is making a lot of money helping natural gas flow from russia to germany. no surprise. angela merkel is under pressure. host: one of the fundamental flaws of sanctions as a foreign-policy tool? guest: it is limited and a blunt instrument but also there is no other choice. not a lot of other alternatives. politics are flawed, too. germany is russia's largest trading partner in the eu. they have more economic interest in the u.s. and its owing to be hard to pressure russia and a major way unless the europeans are willing to play. host: let me share what jack lew told members of congress when it came to sanctions and at russia and the wealthy individuals linked to president putin. [video clip] >> if you look at the impact on russia's economy, it is misleading to look at what happens day by day. you have to look over the period of time since russia went into crimea and since we have imposed sanctions. there has been a substantial deterioration in ru
it is a very strong economic relationship between germany and russia. including former german chancellor, who is making a lot of money helping natural gas flow from russia to germany. no surprise. angela merkel is under pressure. host: one of the fundamental flaws of sanctions as a foreign-policy tool? guest: it is limited and a blunt instrument but also there is no other choice. not a lot of other alternatives. politics are flawed, too. germany is russia's largest trading partner in the eu....
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and germany. this is 40 minutes. honor toalways a great welcome my friend, chancellor merkel, to the white house. angela is one of my closest partner and with her indulgence, i want to start by making two brief comments. first, as president, my top priority is doing everything we can to create more jobs and opportunities for hard-working families for our economic strength as a source of strength in the world. this morning, we learned that our businesses created 273,000 new jobs last month. all told, our businesses have now created 9.2 million new jobs over 50 consecutive months of job growth. the grit and determination of the american people are moving us forward, but we have to keep a relentless focus on job creation and creating more opportunities for working families. there is plenty more that congress should be doing, from raising the minimum wage to creating good construction jobs rebuilding america. i want to work with them wherever i can, but i keep acting on my own wherever i must do to make sure that every a
and germany. this is 40 minutes. honor toalways a great welcome my friend, chancellor merkel, to the white house. angela is one of my closest partner and with her indulgence, i want to start by making two brief comments. first, as president, my top priority is doing everything we can to create more jobs and opportunities for hard-working families for our economic strength as a source of strength in the world. this morning, we learned that our businesses created 273,000 new jobs last month. all...
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germany is one of our closest allies and closest friends. that is true across the spectrum of issues. security, intelligence, economic, diplomatic. angela merkel is one of my closest friends on the world stage and somebody whose partnership i deeply value. so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i have also been convinced for a very long time that it is important for our legal structures and policy structures to catch up with rapidly advancing technologies. as a consequence, through a series of steps, we are trying to reform what we do. we have taken these issues very seriously. domestically, we have tried to provide additional assurances to the american people that the privacy is protected. when i have also done is taken the unprecedented step of ordering our intelligence communities to take the privacy interests of non-u.s. persons into account in everything that they do. that is something that has not been done before and most other countries in the
germany is one of our closest allies and closest friends. that is true across the spectrum of issues. security, intelligence, economic, diplomatic. angela merkel is one of my closest friends on the world stage and somebody whose partnership i deeply value. so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i have also been convinced for a very long time that it is important for our legal structures and policy...
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he said we were promised after germany's unification, nato would not spread eastward. when we said why are you doing this, we hurt in response this does not concern you. nations and countries have the right to choose a way of ensuring their own security. issaid, that is true, but it also true when the infrastructure of a military borders,oaches our we have questions and we must take certain steps. no one can deny us this right. he went on to say how nato and western leaders had lied to russians many times, made decisions by their backs, and placed before us the compost fact, and that is what happened with the nato expansion. examine we want to whether nato and the newly expanded nato alliance, that is, over the last 20 years, is reaping the whirlwind of that decision in ukraine, and we have distinguished panel of people today who were essentially present at the creation. you have biographies in the program, but i will briefly -- the former prime minister and perhaps the first prime minister and then foreign minister of -- i'm going to mangle your first name -- wlodzimi
he said we were promised after germany's unification, nato would not spread eastward. when we said why are you doing this, we hurt in response this does not concern you. nations and countries have the right to choose a way of ensuring their own security. issaid, that is true, but it also true when the infrastructure of a military borders,oaches our we have questions and we must take certain steps. no one can deny us this right. he went on to say how nato and western leaders had lied to russians...
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angela merkel, chancellor of germany. [applause] >> >> chancellor merkel, distinguished guests, ladies and gentlemen, welcome to the chamber of commerce of the united states. my name is tom donohue. i and the president and ceo of this fine institution. i want to thank you for being here. i would like to extend a special welcome to those of you visiting our headquarters for the first time. the chamber is a 102-year-old organization. this building serves as the central rallying point for the u.s. business community. we host several hundred meetings here in this room alone every year. the room we are gathered in today, the international hall of flags is rich in symbolism and history. the room takes its name after the overhead banners of 12 great explorers who blazed the first halves of trade. they planted the first seed of commercial and industrial growth in the new world. they planted the first seeds of commercial and industrial growth in the new world. these flags remind us that the transatlantic relationship has been arou
angela merkel, chancellor of germany. [applause] >> >> chancellor merkel, distinguished guests, ladies and gentlemen, welcome to the chamber of commerce of the united states. my name is tom donohue. i and the president and ceo of this fine institution. i want to thank you for being here. i would like to extend a special welcome to those of you visiting our headquarters for the first time. the chamber is a 102-year-old organization. this building serves as the central rallying point...
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germany's one of our closest allies and our closest friends. and that's true across the spectrum of issues. security, intelligence, economic, diplomatic. and angela merkel is one of my closest friends on the world stage. and somebody who -- whose partnership i deeply value. and so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i've also been convinced for a very long time that it is important for our legal structures and our policy structures to catch up with rapidly advancing technologies. and as a consequence, through a series of, you know, steps, what we try to do is reform what we do. and have taken these issues very seriously. domestically, we tried to provide additional assurances to the american people their privacy is protected. what i've also done is taken the unprecedented step of ordering our intelligence communities to take the privacy interests of non-u.s. persons into account in everything that they do. something that's not been done before and most o
germany's one of our closest allies and our closest friends. and that's true across the spectrum of issues. security, intelligence, economic, diplomatic. and angela merkel is one of my closest friends on the world stage. and somebody who -- whose partnership i deeply value. and so it has pained me to see the degree to which the snowden disclosures have created strains in the relationship. but more broadly, i've also been convinced for a very long time that it is important for our legal...
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and germany are united on a number of things. they are united in the outrage about what russia is doing but i still very much get the sense they are not united on the costs that each country is willing to pay in terms of imposing sanctions in order to press the russians. >> although angela merkel said she would be willing to discuss further escalated sanctions. >> they have been willing to discuss that for 2.5 miles. they appear to have made the holding of the presidential elections on may 25 the key red line, as it were, for whether there are escalated sections against russia which gives them four weeks to work something out. it will be interesting to see if the election occurs what is deemed illegitimate apartheid ukraine and whether that will cross the line of disruption of the elections for the west. >> we also heard chancellor merkel mentioned specifically the over surveillance that the u.s. -- the disagreement on how much surveillance is necessary to fight terrorism. it referenced the fact that the nsa was eavesdropping on
and germany are united on a number of things. they are united in the outrage about what russia is doing but i still very much get the sense they are not united on the costs that each country is willing to pay in terms of imposing sanctions in order to press the russians. >> although angela merkel said she would be willing to discuss further escalated sanctions. >> they have been willing to discuss that for 2.5 miles. they appear to have made the holding of the presidential elections...
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germany has a great business relationship with russia. wentieve gerhard schroder to work for a russian company after he was chancellor of germany. it seems that america has this , cold war,0's style leftover unhappiness, but no reason to be so worried. quickly direct economic interest in ukraine for the united states is not great. is alsode with russia not huge, although companies such as exxon mobil and boeing have important projects in russia. but it is important for foreign policy credibility. the u.s. has certain red lines. it committed to defending ukraine's territorial sovereignty. that credibility is important with respect to asia. president obama was reassuring asian partners and allies the u.s. would come to their defense in a situation in which chinese territorial ambitions seem to be growing. or is a broader repercussion that goes beyond ukraine and russia for the united states. >> we seem to be spreading ourselves them. we are going to defend asian countries against china? we are going to defend the ukraine against russia? did
germany has a great business relationship with russia. wentieve gerhard schroder to work for a russian company after he was chancellor of germany. it seems that america has this , cold war,0's style leftover unhappiness, but no reason to be so worried. quickly direct economic interest in ukraine for the united states is not great. is alsode with russia not huge, although companies such as exxon mobil and boeing have important projects in russia. but it is important for foreign policy...
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germany is an attractive partner because germany's prom prominent role in the eu, but also because of increased german dependence on china. item, nearly a quarter of eu imports from china go to germany. item, during 2010, germany's trade with china grew by 34% to $181 billion. china is now the second largest market for german exports outside the e.u. item, chinese demand is especially high for german machinery and cars. china is the biggest market for the mercedes s class. chew chinese officials are driven around beijing in them. makes germany one of the most influential, if not the pivotal foreign policy player on the world stage. angela. >> question, who calls the shots? chance chancellor angela merkel or president obama? >> president obama in this crisis in europe is pushing, but he has a powerful restraining force in angela merkel who not only speaks for germany, the fourth largest economy in the world, the dominant economy in europe. but she is a powerful restraining force, but however, germany is something of a giant switzerland. it is not a big military power. it is not interve
germany is an attractive partner because germany's prom prominent role in the eu, but also because of increased german dependence on china. item, nearly a quarter of eu imports from china go to germany. item, during 2010, germany's trade with china grew by 34% to $181 billion. china is now the second largest market for german exports outside the e.u. item, chinese demand is especially high for german machinery and cars. china is the biggest market for the mercedes s class. chew chinese...
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germany gets a third of its oil and gas from russia and some of germany's best-known companies, volkswagen for one, have huge stakes in russia. so any type of sanction has a potential economic blowback and it's just a sign of how the west has a limited toolbox in dealing with the situation in ukraine, chris. >> all right, joe, thank you very much for the reporting. >>> let's bring in cnn military analyst james "spider" marks a retired major generally and former commanding general of the u.s. army intillgence center. general, thank you for joining us. let's leave the politics aside and deal with the urgency on the ground. what do you believe the situation is? who is ukraine fighting? what do you think the stakes are? >> fighting two elements really. you do have pro-russian separatists that are in east ukraine, but they're being supported directly, not only in terms of what i would call over-the-horizon support, weapons support, but also they have russian forces are on the ground instigating this and these are the folks we've seen routinely that have unmarked uniforms and have their face mas
germany gets a third of its oil and gas from russia and some of germany's best-known companies, volkswagen for one, have huge stakes in russia. so any type of sanction has a potential economic blowback and it's just a sign of how the west has a limited toolbox in dealing with the situation in ukraine, chris. >> all right, joe, thank you very much for the reporting. >>> let's bring in cnn military analyst james "spider" marks a retired major generally and former...
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but that is not the case in germany. >> that's right. there is similaring outrage over what emerged from the nsa concerning the eavesdropping on the chancellor's phone as she had private conversations. it really shook the relationship between president obama and chancellor merkel, and also on the u.s.'s ability to be a friendly nation. so the germans have not moved past this. they are still looking for answers. the german government asked that the nsa turn over the german nsa files and the obama administration so far as refused to do that. >> we should point out that there are also dueling sensitivities on both sides of the pond and there is a reason that angela merkel is so upset. >> absolutely. you can certainly imagine the level of outrage, i think all of the nations know that all nations spy, but when you are talking about personal phone calls that's a different matter. so you may expect a politeness, even a friendship, but you can expect the conversations were much more heated behind closed doors. >> libby casey stand by, we are sti
but that is not the case in germany. >> that's right. there is similaring outrage over what emerged from the nsa concerning the eavesdropping on the chancellor's phone as she had private conversations. it really shook the relationship between president obama and chancellor merkel, and also on the u.s.'s ability to be a friendly nation. so the germans have not moved past this. they are still looking for answers. the german government asked that the nsa turn over the german nsa files and...
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germany's chancellor, angela merkel meeting with president obama at the kwhous. the president saying most of the discussion concerned the crisis in ukraine. meanwhile ukraine's president saying many pro-russian separatists were killed in the east today. reshls shooting down two helicopters in slaviansk, two crew members died. the events prompting russia to call an emergency meeting at the un security council. in afghanistan at least 350 people have been killed in a landslide. and that number is expected to grow dramatically. the slide reportedly burying an entire village in the country's northeast. >>> there is concern in colorado over edible marijuana products. two recent deaths involving people who and it special candies or baked goods. paul beban has more from denver. >> reporter: in colorado you can buy legal weed the old fashioned way, by the bud, or you can buy it in bottles, in candy, or cookies. these are edibles. 10 milligrams of thc, the chemical that gets people high is the state limit per serving but one drink or one piece of candy can contain as much
germany's chancellor, angela merkel meeting with president obama at the kwhous. the president saying most of the discussion concerned the crisis in ukraine. meanwhile ukraine's president saying many pro-russian separatists were killed in the east today. reshls shooting down two helicopters in slaviansk, two crew members died. the events prompting russia to call an emergency meeting at the un security council. in afghanistan at least 350 people have been killed in a landslide. and that number is...
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this hits a sensitive note in germany. chancellor was born in east german where the communist dictator state had the stasi police who were keeping records on people, who were very invasive. there is still a strong memory of those early days. so even though it's faded somewhat from the american conscience, it is a big deal in germany. expect chance lor merkel to be polite about it, to be somewhat direct but perhaps a bit cold as she is asked questions in the press conference, but this will certainly be a heated issue behind closed doors when the two leaders meet today. >> in this country, everybody is talking about the crisis in ukraine. >> will also be on today's agenda. will they be discussing those sanctions about russia that the president wants to step up? >> absolutely. now, germany has a lot more on the line. they have a lot of trade with russia to the tune of $100,000,000,000 at last year alone. the oil and gas industry is very engaged, very co-dependent. germany has a lot more to lose if there are stepped-up sanct n
this hits a sensitive note in germany. chancellor was born in east german where the communist dictator state had the stasi police who were keeping records on people, who were very invasive. there is still a strong memory of those early days. so even though it's faded somewhat from the american conscience, it is a big deal in germany. expect chance lor merkel to be polite about it, to be somewhat direct but perhaps a bit cold as she is asked questions in the press conference, but this will...
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germany's leaders are angry over n.s.a. eaves dropping on angela merkel's private phone calls. the chancellor saying there's room to cooperate. >> translation: there are differences of opinion over what balance to strike over surveillance to protect sit dispns and preinging the privacy -- citizens and protecting privacy. >> president obama was pawned to see the degree to -- pained to see the degree to which the edward snowden dislorms affected his relationship with germany. he tried to reassure. >> i have taken the unprecedented step of ordering our intelligence committees to take the rive si interests of non-u.s. persons into lent. >> the two-parted ways without hammering out a no-spy pore intelligence-sharing agreement. the president saying the u.s. doesn't make an arrangement with its closest partners. >> we are following developments throughout the morning and up to the minute information log on to aljazeera.com. >> u.s. troops on standby to find victims of a massive mudslide. on friday a village was wiped out, killing more than 2,000 people. a rescue operation is under way
germany's leaders are angry over n.s.a. eaves dropping on angela merkel's private phone calls. the chancellor saying there's room to cooperate. >> translation: there are differences of opinion over what balance to strike over surveillance to protect sit dispns and preinging the privacy -- citizens and protecting privacy. >> president obama was pawned to see the degree to -- pained to see the degree to which the edward snowden dislorms affected his relationship with germany. he tried...
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the trade between germany and russia was $1 billion and u.s. and germany was only $38 million. and germany gets roughly one-third of the oil and gas from russia, so a real concern within the german industry that they are the ones putting the pressure on angela merkel to be careful of what she does next because of the ricochet effect, and anything they do in russia could come back to haunt the german economy as well. >> a lot of money is at stake. and ambassador holliday, i want to get to you, and what do you think about the sanctions, and could they really get vladimir putin to change course here? >> well, it is going to be difficult to get him to change the course, but the increased sa sanctions could be twofold. one, we could get the europeans and germany in particular to escalate the sanctions on targeted energy companies, on that sector, but broadly speaking, we could go up to full sectorial sanctions which would target the entire energy sector and not just the individuals in the companies that have been mentioned so far. >> and that could be huge. peter, "the new york time
the trade between germany and russia was $1 billion and u.s. and germany was only $38 million. and germany gets roughly one-third of the oil and gas from russia, so a real concern within the german industry that they are the ones putting the pressure on angela merkel to be careful of what she does next because of the ricochet effect, and anything they do in russia could come back to haunt the german economy as well. >> a lot of money is at stake. and ambassador holliday, i want to get to...
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they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces this broadcast. >>> stocks ended this monday mostly higher thanks to all that merger and acquisition activity we just told you about. investors were also encouraged by a healthy report on pending home sales in march the first increase in nine months. by the close bell the dow was up 87 points, the nasdaq slipped one point and s&p added six points. >>> another development on wall street keeping a close eye on today relations between the united states and russia after the white house ramped up economic sanctions against individuals and entities licensed to export to russia. john harwood joins us from washin
they are working with siemen's group of germany. >>> comcast massive proposed takeover of rival time warner cable may be a step closer to happening after the big philadelphia media company struck a deal that eases federal antitrust concerns. over the weekend comcast confirmed a $20 billion deal with another cable provider charter communications to swap or sell the companying thing right to serve nearly 4 million cable subscribers. comcast is the parent company of cnbc which produces...
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a white house spokesman said that germany's anger over the nash -- over the nsa surveillance program which caused merkel to cancel a u.s. trip last year will not complicate a joint effort to address the situation in ukraine. u.s. employers probably boosted payrolls in april by the most in five months. economists predict that the u.s. added 218,000 jobs last month after a gain of 192000 and march. a pickup in april would follow data this week showing that households spent more freely and manufacturing accelerated. to the pollstakes next week in the country's finance minister seems sure that the ruling anc will retain power. we sat down for an exclusive conversation. having the advantage of an institution like the african national congress which will win the election by significant majority means there is continuity and transparency and relative certainty about what we intend to do. we have a record of translating election manifestoes and a commitment to the national development plan into business plans for government departments. >> south africa's true growth potential is being hamper
a white house spokesman said that germany's anger over the nash -- over the nsa surveillance program which caused merkel to cancel a u.s. trip last year will not complicate a joint effort to address the situation in ukraine. u.s. employers probably boosted payrolls in april by the most in five months. economists predict that the u.s. added 218,000 jobs last month after a gain of 192000 and march. a pickup in april would follow data this week showing that households spent more freely and...
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>> i worked in germany in that period of time. and was there in 1990 when german unification came about. and the soviet union collapsed. and nobody at that time would have imagined that nato would extend to the russian borders and possibly even into ukraine. it was just unthinkable. and nonetheless because there was no real power in russia this is what happened. and at the moment russia has recovered some of its strength and is asserting its strategic interests. i think they have to be substantive negotiations about that. i think the best status for ukraine would be similar to finland and could be part of the west that could be -- >> not certainly part of nato. >> but not part of nato. that's not going to work. and as long as that's clear and you talk to russia about it you don't need sanctions you need substantive negotiations. >> but eastern ukraine. will it secede? will putin go that one step further center nobody knows this of course. but what happens next? >> i don't think so. because i don't even think it's in putin's or rus
>> i worked in germany in that period of time. and was there in 1990 when german unification came about. and the soviet union collapsed. and nobody at that time would have imagined that nato would extend to the russian borders and possibly even into ukraine. it was just unthinkable. and nonetheless because there was no real power in russia this is what happened. and at the moment russia has recovered some of its strength and is asserting its strategic interests. i think they have to be...
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germany is one of our closest allies and our closest friends. that is true across the spectrum of issues. economic, diplomatic and angela merkel is one of my close friends on the world stage and somebody whose partnership i deeply value. and so it has pained me to see the degree to which the disclosures have created strengthen the relationshistrai. for broadly i have been convinced for a very long time that it is important for the legal structures and policy structures to catch up with rapidly advancing technologies. as a consequence to a series of steps what we try to do is reform what we do. have taken these issues very seriously. domestically we tr tried to proe additional assurances the american people their privacy is protected, but what i have also done is taken the unprecedented steps of ordering our intelligence committees to take the privacy interest of not good interest for everything they do. something that has not been done before and most other countries do not do. the privacy interest of non-us citizens are deeply relevant and take
germany is one of our closest allies and our closest friends. that is true across the spectrum of issues. economic, diplomatic and angela merkel is one of my close friends on the world stage and somebody whose partnership i deeply value. and so it has pained me to see the degree to which the disclosures have created strengthen the relationshistrai. for broadly i have been convinced for a very long time that it is important for the legal structures and policy structures to catch up with rapidly...
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. 36% of germany's natural gascon assumption comes from russia. 39% of their oil comes from russia. talk about going over a well, christopher chivas is a senior political analyst with the rand corporation. good to see you. will russia use this attack on pro-russian forces, separatists, whoever they are, inside ukraine as the provocation they were really looking for to attack and take territory from ukraine. >> i wouldn't be surprised at all, tyler, if that's what's going on. this is a strategy we have seen from russia before. the strategy is basically to aid and abet violence and turmoil and use it as an excuse for some kind of intervention. they probably will claim they're doing it on humanitarian grounds, but the reality will be that the large number of forces now poised on the border of eastern ukraine will move from russia into eastern ukraine. >> what is the end game here? what do you think will happen? will ukraine be split into two countries or what? >> it's very different to predict right now. i think there are a number of different possibilities. i should say that i think t
. 36% of germany's natural gascon assumption comes from russia. 39% of their oil comes from russia. talk about going over a well, christopher chivas is a senior political analyst with the rand corporation. good to see you. will russia use this attack on pro-russian forces, separatists, whoever they are, inside ukraine as the provocation they were really looking for to attack and take territory from ukraine. >> i wouldn't be surprised at all, tyler, if that's what's going on. this is a...
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also what america could learn from germany about jobs and training skilled workers. plus prayers and property, i'll show you how the real estate market has been a blessing for churches looking to sell. i'm ali velshi, and this is "real money." >> this is "real money," you are the most important part of the show so tell me what is on your mind tweet me or go to facebook. i do read this stuff. the economy added 288,000 new jobs in april most of them came from the private sector. economists hope for 150 or 200,000 new jobs to get added every month just to keep up with new entrants to the job market. so the fact that we overshot that in april is really good news, and april has been a big acceleration from the prior months. another positive the number of long-term unemployed came down in april by 287,000. now i always say ignore the unemployment rate unless it's convenient for me to help tell a story. focus instead on that, the number of jobs added every month. in april the rate dropped .4 of a percentage point the lowest in 5.5 years. over the last 12 months the unemploy
also what america could learn from germany about jobs and training skilled workers. plus prayers and property, i'll show you how the real estate market has been a blessing for churches looking to sell. i'm ali velshi, and this is "real money." >> this is "real money," you are the most important part of the show so tell me what is on your mind tweet me or go to facebook. i do read this stuff. the economy added 288,000 new jobs in april most of them came from the private...